ATLANTA GOLD CORP. (TSE:AAG) Message Board

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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)

TWG 3.630

+3.1%

3:59 PM EST

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To: FRANK YAN who wrote (198)	1/29/1997 1:14:00 AM
From: burner	of 495

Atlantians, The results that Frank speaks of will not be drill results but, rather, soil sediment and rock chip samples. I don't believe they have even go to the trenching stage as yet. The merger will include the ore body in Idaho and this will be factored in when determining the final ratio. I, personally, think that it will take between 1.35 and 1.5 shares of AAG to equate with a new share in Twin Gold. VSY will equate at 1 to 1. I admit that I base this on my interpretation of simplistic moving averages in stock price and have left out all the ramifications of balance sheet details. The fairness commitee will have to deal with all that stuff! Dan Byrne P.S. I was told we can expect a progress report soon, probably next week. Ron, you gettin' itchy to see those results come in?

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